Remember when Porsche said 80% of its cars would be electric by 2030? That plan is officially dead. The Stuttgart sports car maker is now firmly committed to gas engines and plug-in hybrids well into the 2030s, marking one of the biggest strategy reversals in the luxury auto industry. After a financially brutal 2025, Porsche is betting that the rumble of a flat-six or twin-turbo V8 will do more for its bottom line than battery packs.
Read morePorsche Pumps the Brakes on EVs and Doubles Down on Gasoline Power